Global Water Sink Market Growth 2023-2029

Global Water Sink Market Growth 2023-2029

A Water Sink (also known as Water Sinker, washbowl, hand basin and wash basin) is a bowl-shaped plumbing fixture used for washing hands, dishwashing, and other purposes. It comes from the Latin word "zinc" Water Sinks have taps (faucets) that supply hot and cold water and may include a spray feature to be used for faster rinsing. They also include a drain to remove used water; this drain may itself include a strainer and/or shut-off device and an overflow-prevention device. Water Sinks may also have an integrated soap dispenser.

LPI (LP Information)' newest research report, the “Water Sink Industry Forecast” looks at past sales and reviews total world Water Sink sales in 2022, providing a comprehensive analysis by region and market sector of projected Water Sink sales for 2023 through 2029. With Water Sink sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Water Sink industry.

This Insight Report provides a comprehensive analysis of the global Water Sink landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Water Sink portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Water Sink market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Sink and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Water Sink.

The global Water Sink market size is projected to grow from US$ 751.3 million in 2022 to US$ 1107.9 million in 2029; it is expected to grow at a CAGR of 1107.9 from 2023 to 2029.

Global Water Sink key players include Franke, Kohler, Blanco, Elkay, etc. Global top four manufacturers hold a share over 20%.

China is the largest market, followed by Europe and North America.

In terms of product, Stainless Steel Water Sinks is the largest segment, with a share over 50%. And in terms of application, the largest application is Bathroom Water Sinks, followed by Kitchen Water Sinks, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Water Sink market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Stainless Steel Water Sinks
Ceramic Water Sinks
Artificial Stone Water Sinks
Others

Segmentation by application
Bathroom Water Sinks
Kitchen Water Sinks
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Franke
Kohler
Blanco
Elkay
America Standard
Moen
Oulin
Roca
Teka
Duravit
JOMOO
Huida
Artisan
Primy
Sonata
Morning
Just Manufacturing

Key Questions Addressed in this Report

What is the 10-year outlook for the global Water Sink market?

What factors are driving Water Sink market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Water Sink market opportunities vary by end market size?

How does Water Sink break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.